Mizuho Bank arranged the ¥27 billion ($240 million) syndicated loan for the array in Ishikawa prefecture.
The solar investment group will likely swing back to the black from a net loss of roughly 98.9 million yuan ($14.4 million) in the 12 months to December 31, 2015.
The Chinese PV giant claims the project will be “the world’s largest solar canopy.”
The Bangkok-based company acquired the rights to build and run a 154.98 MW solar array in Onikobe, Miyagi prefecture.
The Chinese PV manufacturer will supply its solar panels to the Spanish utility-scale PV developer for two projects.
The 2017 Prius plug-in hybrid vehicle (PHV) is the first commercially available, mass-produced passenger car to feature an optional solar charging system.
Jolywood (Suzhou) Sunwatt will produce n-type monocrystalline bifacial solar cells at the plant in Taizhou, just to the north of Shanghai in China’s Jiangsu province.
Deliveries of PV cells and modules hit 1.7 GW in the three months to the end of December, down from 1.8 GW in the July-September period, according to the Japan Photovoltaic Energy Association (JPEA).
Neo Solar Power (NSP) has shifted Thomas Hsu, senior vice president and CFO, to serve as CFO of Clean Focus Yield (CFY).
The Tokyo-listed trading firm built the project with its partners in Okayama, Okayama prefecture.
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